Celtic won the trophy after beating Black Aces in the final last season. The four teams competing will be perennial competitors Ajax Cape Town and Swallows alongside derby rivals Free State Stars.
The tournament is fast becoming the premium pre-season competition with the four sides able to test new players, new tactics as well as keep an eye on the progress of their PSL rivals.
Old Mutual will also run the Dreamfields project for the entire weekend, involving the youth and community from the surrounding area.
The Stadium capacity and ticketing details will be confirmed, while entertainment and match-day activities will also be announced shortly.
Celtic have made a number of signings and this will be a perfect opportunity for coach Owen Da Gama to fine-tune his squad.